Verso Corporation
VRS
VRS was delisted on the 30th of March, 2022.
58 hedge funds and large institutions have $85.4M invested in Verso Corporation in 2017 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 12 increasing their positions, 10 reducing their positions, and 26 closing their positions.
20% more repeat investments, than reductions
Existing positions increased: 12 | Existing positions reduced: 10
0% more funds holding in top 10
Funds holding in top 10: 2 → 2 (0)
8% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 26
5% less funds holding
Funds holding: 61 → 58 (-3)
28% less capital invested
Capital invested by funds: $119M → $85.4M (-$33.6M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BlackRock
New York
|
+$6.64M |
| 2 |
ACM
Archer Capital Management
New York
|
+$3.67M |
| 3 |
DSC
Donald Smith & Co
New York
|
+$2.49M |
| 4 |
BRF
B. Riley Financial
Los Angeles,
California
|
+$1.87M |
| 5 |
State Street
Boston,
Massachusetts
|
+$1.59M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
CP
Centerbridge Partners
New York
|
-$11M |
| 2 |
CS
Credit Suisse
Zurich,
Switzerland
|
-$6.45M |
| 3 |
Royal Bank of Canada
Toronto,
Ontario, Canada
|
-$3.17M |
| 4 |
CCPM
Cooper Creek Partners Management
New York
|
-$2.53M |
| 5 |
Principal Financial Group
Des Moines,
Iowa
|
-$2.49M |
VRS Hedge Fund Activity: Q2 2017 in Review
58 of the 4,022 institutional investors tracked by Wall St. Rank reported a position in Verso Corporation (VRS) for Q2 2017, worth a combined $85.4M — down 28% from $119M a quarter earlier.
Sellers outnumbered buyers: 26 funds closed out of VRS and 24 opened new positions — a net loss of 2 holders — while 10 trimmed existing stakes and 12 added.
The largest buyer was BlackRock, adding an estimated $6.64M. The largest seller was Centerbridge Partners, exiting entirely with an estimated $11M sold.
- 58 institutional investors held Verso Corporation (VRS) as of Q2 2017, down from 61 in Q1 2017.
- Funds reported $85.4M of Verso Corporation stock for Q2 2017, down 28% quarter-over-quarter.
- 24 funds opened new Verso Corporation positions in Q2 2017 and 26 closed out, a net change of -2 holders.
- The largest Verso Corporation buyer in Q2 2017 was BlackRock, an estimated $6.64M added.
- The largest Verso Corporation seller in Q2 2017 was Centerbridge Partners, an estimated $11M sold.
Based on aggregated 13F filings for Q2 2017.